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At A Glance

University of Louisville, College of Business Full Time MBA

The College of Business is recognized as a premier metropolitan research business school. We compete successfully at all levels in the global business school market. The College has a specific program focus in the area of entrepreneurship, and receives broad ranking recognition in this area. Programs are offered at the bachelors, masters, and doctoral level. In addition to entrepreneurship, the College offers a unique program in Equine Industry Studies, and has internationallyrenowned programs in many disciplines, including computer information systems, marketing, and accounting. The College is housed in a modern facility on a green and attractive urban campus.

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University of Louisville, College of Business Full Time MBA's Full Profile

Program at a Glance

Program Type Full Time
Tuition (Total) $32,000
Average Starting Salary $44,020

Program Information

University of Louisville College of Business Says

The College of Business is recognized as a premier metropolitan research business school. We compete successfully at all levels in the global business school market. The College has a specific program focus in the area of entrepreneurship, and receives broad ranking recognition in this area. Programs are offered at the bachelors, masters, and doctoral level. In addition to entrepreneurship, the College offers a unique program in Equine Industry Studies, and has internationallyrenowned programs in many disciplines, including computer information systems, marketing, and accounting. The College is housed in a modern facility on a green and attractive urban campus.

Degrees Awarded: MBA, Full Time.

Rankings

Rankings

School Rankings

The Princeton Review

N/A Best Business Schools (Southeast)
#9 Best Administered
#18 Top Entrepreneurial Programs: Graduate

Admissions

Admissions

Application Information

  • Acceptance Rate: 46% accepted out of 359 applicants
  • Average Age Admitted: 28
  • Average Incoming GPA: 3.36
  • Average Incoming GMAT: 617
  • Average Years Work Experience: 4
  • Application Fee: $50

Admission Considerations

Very Important: Undergraduate GPA, Standardized Test Scores

Important: Recommendations, Personal Essay

Admission Requirements

Required: Undergraduate GPA, Personal Essay, Standardized Test Scores, Recommendations, Extracurricular Activities

Optional: Work Experience

Admission Information

Admission to the University of Louisville MBA program is, without a doubt, competitive. Students in the program rank in the top third of MBA candidates nationwide. Applicants must submit all of the following to the Admissions Office: a completed application; an official copy of all undergraduate transcripts; an official GMAT score report; a one-pag...Admission to the University of Louisville MBA program is, without a doubt, competitive. Students in the program rank in the top third of MBA candidates nationwide. Applicants must submit all of the following to the Admissions Office: a completed application; an official copy of all undergraduate transcripts; an official GMAT score report; a one-page personal statement; two letters of recommendation from professors (or employers for applicants who have been out of school for a substantial period); and a current resume. International students must provide, in addition to the above, an official TOEFL score report (minimum score: 170 computer-based test, 550 paper-and-pencil test). All candidates must be proficient in computer and quantitative skills prior to the commencement of their MBA work.

The Princeton Review

Program Outcomes

Program Outcomes

Top Employers Of Graduates From This Program Include: Humana, Kindred, Merrill Lynch, Louisville Water Company, Alltech

Industry Percent Employed Median Starting Salary
Pharma / Biotech / Healthcare 40% $40,000
Non Profit 20% $33,200
Media / Entertainment 20% $43,200
Consumer Products 20% $65,000

School Information

School Information

The following section features data representative of the entire business school, and numbers here are not necessarily reflective of the specific program.

Students and Faculty

Total Graduate Students 259
Percent International Students 12%
Total Full-Time Faculty 41
Full-Time Faculty 98%

Student Life

At the University of Louisville, you will be surrounded by “lots of motivated individuals that aim to accomplish a lot in this life.” There is a “wide age range” and classmates “come from many different cultures and education backgrounds.” One student has the opinion that, “not a lot of people outside of Kentucky know about UL.” But not all students share this perspective. Although some students do come from the Kentucky area, one will also encounter students “from all over, including Germany, India, and Mongolia.” One Louisville native states, “It's great to be a part of such an interesting group of people with different backgrounds, beliefs, and experiences.” Overall, students transcend a “high energy” with a “desire to learn, grow and develop.” There is definitely a “sports atmosphere” here and students make good use of the “very nice facilities including the “state-of-the-art gym.” UL offers intramural programs and dis¬counts to attend various campus sporting events. Taking advantage of these is not difficult. “Administration is helpful in providing opportunities to purchase tickets with ease.” Louisville also provides a “very friendly and involving” campus in an urban environ¬ment. The “locked-cohort style” makes getting to know one’s classmates easy as it “ensures that students spend all two years with the same 26 individuals. This really bonds the class and leads to long-lasting friendships and networking opportunities.”

Career

Louisville is described as “an excellent city” with “very useful resources,” and the school receives accolades from students regarding its excellent location and proactive approach to helping place students in decent jobs. For students interested in pursuing profession­al opportunities locally, “this program offers a tremendous amount of resources for any­one [who] would like to start a business in the Louisville area. There are lots of introduc­tions to angel investors and venture capitalists,” and “focused and educational classes taught by actual entrepreneurs” are offered as well. The University of Louisville’s career center provides resume assistance and interview training seminars and also helps with “any job searching needs or questions” students may have. Available internships are another advantage to helping one successfully find a job upon graduation. One student who profited from the experience explains, “The internship opportunity in this tough market is extremely beneficial. It was good practice to get several interview opportuni­ties and now I work for a good company 15 minutes from UL.” Additionally, “There are lots of amazing guest speakers that further expand the networking possibilities.”

The Princeton Review

Students Say

The University of Louisville has some unique opportunities. For example, if you are look­ing for a paid internship “with established businesses,” and one that “also includes an international trip,” then UL’s “accelerated” 13-month full-time MBA program may be for you. One student reports favorably on this, saying, “The internship pays for almost the entire tuition which is a big plus.” But don’t wait too long to apply because this “program seem[s] to be gaining in reputation.” The progression of classes for the MBA program is “well thought out with early classes setting the stage for later courses and everything nesting into a coherent business educa­tion.” On the whole, students have a high opinion of their professors. “The faculty con­sists of many successful professionals turned educators. The program encourages strate­gic alignment and thinking across functions in a very creative way. The professors show what worked for them and what works for others all to arm students with a strong foun­dation of strategic thinking and creative solutions.” Although not every faculty member receives glowing praise, some “outstanding” professors were noted in the Entrepreneurship program, as they “blend real-world experience with academia. The results are exciting and realistic. It makes learning the theories more meaningful.” There is a genuine feeling of kinship among many since “the administration and faculty want us to succeed in the program and develop our business knowledge further. If we need to spend extra time to master a subject, we will, and it's simply because everyone cares enough to take the extra time to ensure we build solid foundations of knowledge.”

The Princeton Review

Student Services

  • Campus Wide Network
  • Centers Of Research:

    Ulmer Career Management Center - The Ulmer Career Management Center can help students explore career options and plan, find, and manage the career thatÂ’s right for them. All of the services listed below are available to all students enrolled in the College of Business. In addition, alumni are eligible for resume referral services and participation in on-campus recruiting events. The Ulmer Center is currently located in the atrium level of the College of Business. The Ulmer Center is housed in a relatively new (2006), state-of-the-art facility that features a resource library, two large conference rooms, 11 interview rooms, and a corporate recruiters' lounge.

    MBAA- MBAA is the association for students in the MBA programs at the College of Business. Membership includes current students as well as alumni. The MBAA holds events throughout the year, including networking/social events as well as sponsoring a leadership speakers series at the College. The MBAA holds elections on an annual basis to select its Board but accepts members on a rolling basis. There is currently no fee to students to belong to the MBAA. The MBAA currently receives funding from the College of Business.

    The Forcht Center for Entrepreneurship, established in 2008 with a generous alumni gift from Corbin, Kentucky-based entrepreneurs Marion and Terry Forcht, the Forcht Center for Entrepreneurship at the University of Louisville College of Business is a comprehensive suite of programs that develop and nurture entrepreneurial skills, experiences and opportunities. The Forcht Center for Entrepreneurship includes the PhD, MBA, and Undergraduate academic programs; Small Business Institute; Family Business Center; Institute for Entrepreneurial Research; New Venture Competition; The Entrepreneurship Council; and Cardinal Venture Fund. The Forcht Center for Entrepreneurship's mission is to leverage College of Business entrepreneurship resources to support regional economic development. The college's entrepreneurship program has sent an MBA business plan competition team to the Rice University competition (the "Super Bowl") for the past three years. Additionally, the program has received national attention from U.S. News & World Report, Entrepreneur Magazine, Latin Trade Magazine, and the U.S. Association for Small Business and Entrepreneurship. In addition to undergraduate, MBA and PhD programs and faculty research efforts, The Forcth Center for Entrepreneurship funds expenses for student teams to compete regionally and nationally in business plan competitions, has its own venture fund to competitively seed student businesses, provides MBA consulting services—gratis—to more than 30 companies a year, and engages faculty in counseling family businesses.

  • International Student Support Groups:

    In addition to the MBAA, the University has an international center that provides services and support for international students. http://louisville.edu/provost/intcent/

    http://business.louisville.edu/mbaassociation/default.htm

    and

  • Lesbian Bisexual Transgender Support Groups:

    In addition to the MBAA, the University has several resources dedicated to diversity, including the Office of Lesbian, Gay, Bisexual, and Transgender Services. It's website is http://louisville.edu/provost/diversity/LGBT_services.html .

    http://business.louisville.edu/mbaassociation/default.htm

  • Minority Support Groups:

    The MBA Association (MBAA) welcomes all students to participate. http://business.louisville.edu/mbaassociation/default.htm .

    In addition, the University has several resources dedicated to diversity and support/services for minority students. These include CODRE (Commission on Diversity & Racial Equality) http://louisville.edu/diversity/, and other diversity - related resources, which can be viewed at http://louisville.edu/diversity/diversity.htm .

  • Peer Tutoring Programs:

    The MBAA (MBA Association) offers a weekly get-together for students to study together and socialize. This is not a formal peer tutoring program.

  • Research Facilities:

    Ulmer Career Management Center - The Ulmer Career Management Center can help students explore career options and plan, find, and manage the career that’s right for them. All of the services listed below are available to all students enrolled in the College of Business. In addition, alumni are eligible for resume referral services and participation in on-campus recruiting events. The Ulmer Center is currently located in the atrium level of the College of Business. The Ulmer Center is housed in a relatively new (2006), state-of-the-art facility that features a resource library, two large conference rooms, 11 interview rooms, and a corporate recruiters' lounge.

    MBAA- MBAA is the association for students in the MBA programs at the College of Business. Membership includes current students as well as alumni. The MBAA holds events throughout the year, including networking/social events as well as sponsoring a leadership speakers series at the College. The MBAA holds elections on an annual basis to select its Board but accepts members on a rolling basis. There is currently no fee to students to belong to the MBAA. The MBAA currently receives funding from the College of Business.

    The Forcht Center for Entrepreneurship, established in 2008 with a generous alumni gift from Corbin, Kentucky-based entrepreneurs Marion and Terry Forcht, the Forcht Center for Entrepreneurship at the University of Louisville College of Business is a comprehensive suite of programs that develop and nurture entrepreneurial skills, experiences and opportunities. The Forcht Center for Entrepreneurship includes the PhD, MBA, and Undergraduate academic programs; Small Business Institute; Family Business Center; Institute for Entrepreneurial Research; New Venture Competition; The Entrepreneurship Council; and Cardinal Venture Fund. The Forcht Center for Entrepreneurship's mission is to leverage College of Business entrepreneurship resources to support regional economic development. The college's entrepreneurship program has sent an MBA business plan competition team to the Rice University competition (the "Super Bowl") for the past three years. Additionally, the program has received national attention from U.S. News & World Report, Entrepreneur Magazine, Latin Trade Magazine, and the U.S. Association for Small Business and Entrepreneurship. In addition to undergraduate, MBA and PhD programs and faculty research efforts, The Forcth Center for Entrepreneurship funds expenses for student teams to compete regionally and nationally in business plan competitions, has its own venture fund to competitively seed student businesses, provides MBA consulting services—gratis—to more than 30 companies a year, and engages faculty in counseling family businesses.

  • Study Abroad:

    European Business School (Oesterich-Winkel, Germany);Audencia Nantes School of Management (Nantes, France); Bordeaux Ecole de Management (Bordeaux, France); University of Heilbronn (Heilbronn, Germany); HHL-Leipzig (Leipzig, Germany); Corvinus University (Budapest, Hungary); Norwegian Schoolof Economics (Bergen, Norway); University of Seoul (Seoul, Korea) .

  • Women Support Groups:

    In addition to the MBAA, the University has several resources devoted to services and support for women. The Women's Center is the hub for many of these activities and its website is http://louisville.edu/provost/womenctr/ .

Famous Alumni

Well known alumni of University of Louisville College of Business include:

Robert Nardelli - CEO Cerberus Operations & Advisory Company, LLC; Former Chairman& CEO, Chrysler, LLC

David Moran - Executive Vice President, President & CEO, Heinz Europe

James Patterson - Founder/Former Chairman, Long John Silver's, Rally's

Terry Forcht - Owner, Forcht Group

David Jones - Founder/ Former Chairman, Humana

School Outcomes

Average Debt At Graduation: $16,282

Top Employers Of Graduates From This School Include: Humana, Kindred, Merrill Lynch, Louisville Water Company, Alltech

Industry Percent Employed Median Starting Salary
Business 71% $61,100
Other 29% $41,700
Other 28% $43,750
Finance / Accounting 26% $38,600
Operations / Logistics 26% $55,600
Other 21% $59,250
Marketing / Sales 21% $47,125
Financial Services 11% $49,540
Manufacturing 11% $31,200
Human Resources 6% $27,790
Government 5% $122,000
Non Profit 5% $32,000

School Employment Information

Graduation Employment 74%
Three Month Employment 100%
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